velocity group commenced business on 5 January 2008. Having built a solid corporate customer base across the continent, the vision of becoming a leading Pan-African ICT provider is quickly becoming a reality.
The initial IT infrastructure business has provided the bulk of the revenue, with the cellular devices business contributing significantly in the last quarter, with a solid pipeline for the new year.
Group highlights:
* In excess of 110 corporate customers
* Customers in 15 African countries
* PBT in excess of 10% (Unaudited)
* Orders received for more than 35 000 mobile handsets
"The success we have achieved in the last year proves that our model works and that customers enjoy the way we do business. Our core strategy of stripping the cost and complexity out of procuring commodity ICT items is reaping praise from our customers. The benefit that we have against our competitors is that significantly growing revenue has a minimal effect on our cost structures and capital requirements," said Jonathan Kropf, velocity group Managing Director.
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velocity group
velocity group offers products in the areas of IT, cellular and asset-based financing to corporate companies and mobile operators across the continent.